Broadridge Financial Solutions (NYSE:BR) Updates FY 2025 Earnings Guidance

Broadridge Financial Solutions (NYSE:BRGet Free Report) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 8.350-8.660 for the period, compared to the consensus earnings per share estimate of 8.550. The company issued revenue guidance of -.

Broadridge Financial Solutions Stock Performance

Shares of Broadridge Financial Solutions stock opened at $238.50 on Friday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.39 and a quick ratio of 1.39. The stock has a market capitalization of $27.88 billion, a price-to-earnings ratio of 41.26 and a beta of 1.08. The business has a 50-day moving average of $231.26 and a 200 day moving average of $220.17. Broadridge Financial Solutions has a 12 month low of $188.30 and a 12 month high of $241.45.

Broadridge Financial Solutions (NYSE:BRGet Free Report) last issued its quarterly earnings results on Friday, January 31st. The business services provider reported $1.56 EPS for the quarter, beating the consensus estimate of $1.32 by $0.24. Broadridge Financial Solutions had a net margin of 10.57% and a return on equity of 41.79%. During the same period in the previous year, the firm posted $0.92 earnings per share. As a group, sell-side analysts forecast that Broadridge Financial Solutions will post 8.53 earnings per share for the current year.

Broadridge Financial Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend was Friday, December 13th. Broadridge Financial Solutions’s dividend payout ratio is presently 60.90%.

Analyst Ratings Changes

BR has been the topic of several recent analyst reports. Morgan Stanley increased their price target on shares of Broadridge Financial Solutions from $200.00 to $207.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 6th. UBS Group started coverage on shares of Broadridge Financial Solutions in a research note on Thursday, November 21st. They set a “neutral” rating and a $250.00 price target on the stock. Royal Bank of Canada reissued an “outperform” rating and issued a $246.00 price target on shares of Broadridge Financial Solutions in a research report on Wednesday, November 6th. DA Davidson reiterated a “neutral” rating and set a $215.00 target price on shares of Broadridge Financial Solutions in a research report on Tuesday, January 21st. Finally, Wolfe Research reissued a “peer perform” rating on shares of Broadridge Financial Solutions in a research report on Thursday, December 12th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $226.71.

View Our Latest Report on BR

Insider Buying and Selling

In other news, VP Thomas P. Carey sold 10,757 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $226.82, for a total value of $2,439,902.74. Following the sale, the vice president now directly owns 12,689 shares in the company, valued at $2,878,118.98. This represents a 45.88 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Douglas Richard Deschutter sold 24,185 shares of the stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $220.21, for a total value of $5,325,778.85. Following the sale, the insider now owns 27,137 shares in the company, valued at approximately $5,975,838.77. This trade represents a 47.12 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 54,532 shares of company stock worth $12,264,846 in the last quarter. Company insiders own 1.30% of the company’s stock.

About Broadridge Financial Solutions

(Get Free Report)

Broadridge Financial Solutions, Inc provides investor communications and technology-driven solutions for the financial services industry. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions.

See Also

Earnings History and Estimates for Broadridge Financial Solutions (NYSE:BR)

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